Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Microcap & Penny Stocks : TGL WHAAAAAAAT! Alerts, thoughts, discussion. -- Ignore unavailable to you. Want to Upgrade?

To: CerealMan who wrote (83963)	5/9/2001 7:53:46 PM
From: CerealMan	Read Replies (1) \| Respond to of 150070

CNBC's buzz at the bell...please note the last paragraph...LOL WWEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEE!!!! good fortune... pops ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ Good evening! Here is your Money Mail for Wednesday, May 9. BUZZ AT THE BELL Cisco's profits hit the brakes in the most recent quarter, but the stock market was braced for the impact. The networking giant's shares dropped 6.3 percent, taking the Nasdaq down 2 percent to 2,156. Blue chips, epitomized by the Dow Jones industrial average, fell 17 to 10,867, and the S&P 500 slipped 6 to 1,255. Not so bad, really, considering Cisco last night posted its first-ever net loss, after restructuring and inventory write-down charges. Excluding those one-time costs, Cisco earned 3 cents a share in its fiscal third quarter, down from 13 cents a share in the year-ago period. Other networking shares bore the news better. Ciena Corp. fell 1.2 to 60.55, Juniper Networks slipped 2.1 to 57.37 and Redback Networks rose fractionally to 21.24. Meanwhile, gold stocks jumped as the yellow metal hit a two-month high on New York's COMEX. Homestake Mining surged 12.6 percent 7.13 and Newmont Mining rose 10.4 percent to 20.73 -- big news, particularly considering these stocks had already been on a tear. Could inflation fears be on the rise? That's the usual interpretation of a precious-metals rally. More broadly, office equipment, natural gas and cement stocks rose, while technology names fell. Scott Gerlach Managing Editor, CNBC.com